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Zuum

ICO

Zuum is a decentralized ride sharing platform

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Overview

Project industryTransport
Product typeApp
WhitepaperZuum White Paper Open

What is Zuum

Executive Summary

ZUUM is the World’s first decentralized on-demand services platform that allows consumers and service providers to interact directly without intermediary and ensures fair price per service deal based on a smart contract.

ZUUM is a one-stop platform for a variety of on-demand services including ridesharing, taxi, roadside assistance, auto services, cleaning, household, etc. ZUUM mobile app lets consumers needing on-demand services, to summon self-employed individuals to their location.

Self-employed individuals don’t get paid their desired rate and are not paid instantly with other leading platforms (Uber, Handy, etc.). Paying high commissions to currently available on-demand platforms reduces their income. Most self-employed individuals don’t work at optimal capacity. For consumers, finding a qualified service provider on-demand and to summon to their location is a time-consuming process. Consumers don’t have the convenience of a unified mobile app for requesting variety of on-demand services. Consumers without credit cards are not able to participate in the on-demand economy and get the cost benefits.

ZUUM connects consumers with self-employed individuals in real-time. Providers (self-employed individuals) set their own billing rate and get paid by customers directly or via the ZUUM platform instantly once the service is completed. ZUUM platform does not charge commission per transaction, thus providing significantly more income to self-employed individuals.

ZUUM also empowers self-employed individuals using artificial intelligence (AI) value-added features to help them work at optimal daily/weekly capacity and increase their income. Apart from convenience at users’ fingertips, ZUUM provides self-employed individuals profile with pictures, documentation, and ratings so consumers can make informed decisions. The ZUUM platform lets consumers without credit cards transact and participate in the on-demand economy.

The competitive advantages for ZUUM platform include:

  • First-mover advantage as an on-demand services platform that is Blockchain-enabled and decentralized.
  • Differentiated product with unique user experience that drives engagement
  • Unique subscription-based business model that has huge growth potentials
  • Focus on unaddressed niche markets across the globe
  • Continuous Delivery (faster time to market): Ability to deliver innovative product features leveraging agile software frameworks in a quicker way.
  • The platform doesn’t charge subscription fees to basic service providers. The platform generates revenues based on a small monthly subscription fee from premium service providers. We predict on-boarding 1 million users and targets to achieving 100,000 transactions per week within 2 years of the initial product launch. The user growth is expected to be 50% yearly for five years.

    About us

    ZUUM, Inc develops software products which empowers self-employed individuals using innovative value-added features to increase their income.

    Mission Statement: To make self-employed individuals more productive and competitive. To seamlessly connect consumers with service providers and create superior value by providing personalized experience in getting services completed cost-effectively.

    ZUUM primarily develops SaaS (Software as a Service) products for the on-demand service industry. The software products streamline the process of connecting consumers with providers, and support completion of on-demand service transactions cost-effectively.

    The company strengths include: 1) Software Product with flexible architecture 2) Lean Organization operations that allow no commission 3) Easy-to-use and elegant UI 4) Business model that can easily scale

    The near-term objectives of the company are:

    1. Launch ZUUM product in major cities across the world within 1-2 years

    2. On-board 1 million users within one year of initial product launch

    3. Achieve annual user growth of 50% for the next five years

    4. Achieve 250,0000 transactions per week within three years

    5. Implement Blockchain and Artificial algorithms to enable transparency and seamless business transactions

    Product

    ZUUM is a location-aware platform that lets users needing on-demand services (ridesharing, roadside assistance, auto services, cleaning, household, medical, etc.) to summon self-employed individuals to their location. Through ZUUM Pro mobile app, self-employed individuals receive service requests and connect with customers real-time.

    The scope of the platform are the on-demand services that can be completed within 4 hours such as Ridesharing, Taxi, Road-side assistance, Auto Services, Cleaning, Medical, etc.

    Details

    Pre-sales: Nov 16, 2018 - Oct 30, 2019
    Public sales: Nov 19, 2019 - May 05, 2020
    Token supply: 5,000,000,000 ZMC

    Legal

    Blockchain Platform: Zuum
    Country limitations: United States

    Token info

    Ticker: ZMC
    Type: Utility-token
    Token price in USD: 1 ZMC = 0.04 USD
    Accepted currencies: BTC, ETH, USD, LTC
    Token distribution:
    50% - Crowdsale
    20% - Team & Advisers
    18% - Users & Partners
    10% - Company Reserves
    2% - Bounty Users
    Funds allocation:
    40% - Marketing
    30% - Operations (Global)
    30% - Engineering (R&D)

    Zuum Roadmap

    1
    2016

    Business Idea and Market Research; We bootstrapped to design and develop the ZUUM platform.

    2
    2017

    We created ZUUM Business Plan. Completed 75% of the ZUUM product.

    3
    Q1-Q2 2018

    We completed 100% MVP (Minimum Viable Product) Beta version. Published ZUUM whitepaper.

    4
    Q3 2018

    Beta Product Launch in August 2018. ZUUM App has built-in ZUUM wallet to enable ZUUM coin transfers.

    5
    Q3 2018

    Pre-ICO sale of ZUUM token at discount price to private investors.

    6
    Q4 2019

    ICO sale of ZUUM token to public.

    7
    Q2 2020

    List ZUUM Coin (ZMC) at major exchanges to provide liquidity to ZUUM coin holders. Launch ZUUM Platform v1.0 in major cities across the globe.

    8
    Q2-Q4 2020

    Partner with affiliates/agents across the world to promote the ZUUM Platform/Coin adoption. Add value-added innovative features to the ZUUM platform.

    9
    2021

    Expand ZUUM platform adoption in major cities/towns across the world. Publish ZUUM Coin API to enable integration with third-party transportation applications to promote ZUUM Coin adoption. Release ZMC 20 protocol that enable other companies to offer digital coins based on ZMC protocol that enable payments within seconds.

    10
    2022

    Continue Product Innovation. Further expand ZUUM Platform growth adoption rate.

    Project team

    Si Raj Palli
    Si Raj Palli
    CEO & Co-Founder
    Sailakshmi Behara
    Sailakshmi Behara
    GM of India Operations

    Social media

    Zuum web-siteZuumYouTubeZuum TelegramZuum BTCTalkZuum TwitterZuum Facebook

    MVP

    App storeGoogle Play

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